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DewDiligence

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DewDiligence

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Re: DewDiligence post# 860

Friday, 07/29/2022 2:55:29 PM

Friday, July 29, 2022 2:55:29 PM

Post# of 948
CVX +9% on blowout upstream-and-downstream 2Q22 results:

https://finance.yahoo.com/news/chevron-announces-second-quarter-2022-101500254.html

https://finance.yahoo.com/news/wrapup-3-u-majors-exxon-120230673.html

CVX generated $10.6B of free cash flow during 2Q22, and it increased guidance for 2022 share buybacks to $5-15B (from old guidance of $5-10B).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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